2.59
Procedure for import under the Tariff Rate Quota Scheme
Attention is invited to Government of India, Ministry of Finance (Department of Revenue), Notification No. 21/2002- Customs dated 01.03 2002 and Notification No. 33/2010- Customs dated 12.03.2010. As per these, import of four items viz., (1) Skimmed and whole milk powder, milk food for babies etc. (0402.10 or 0402.21) and White Butter, Butter oil, Anhydrous Milk Fat (0405) (2) Maize (corn): other (1005.90) (3) Crude sunflower seed or safflower oil or fractions thereof (1512.11) and (4) Refined rape, colza or mustard oil, other (1514.19 or 1514.99) is allowed in a financial year, up to quantities as well as such concessional rates of customs duty as indicated below:
List of Items covered under Tariff Rate Quota Scheme
|
S.No |
ITC Code No. & Item |
Quantity of Quota |
Concessional Duty |
|
1(i) |
Tariff Code No. 0402.10 or 0402.21 Skimmed and whole Milk Powder. Milk Food for babies etc. |
50,000 MTs.
[OLD-30,000 MTs] |
0% |
|
(ii) |
Tariff Code No. 0405 White Butter, Butter oil, Anhydrous Milk Fat |
15,000 MTs |
0% |
|
2 |
Tariff Code No. 1005.90 Maize (Corn): other |
5,00,000 MTs |
0%
[OLD- 15%] |
|
3 |
Tariff Code No. 1512.11 Crude Sunflower seed or safflower oil or fractions thereof |
150,000 MTs |
50% |
|
4 |
Tariff Code No. 1514.19 & 1514.99 Rape, Colza, Canola or Mustard Oil, Other (Refined) |
150,000 MTs |
45% |
(In above table the quantity of quota at Sl. NO. 1(i) has been increased vide PN. NO. 66/2010, DT. 04/08/2011)
(In above 2.59 the title for table added and concessional rate at Sl. NO. 2 is replaced vide PN. NO. 47/2010, DT. 18/05/2011)